Moody's Lowers Bi-Lo's Debt Rating

NEW YORK — Moody's Investors Service here said Friday it was confirming the ratings for Bi-Lo's corporate family and probability of default bonds at B2 but was lowering the ratings on the company's $285 million senior secured notes due in 2019 to B3 from B2.

Moody's said the ratings actions conclude the review it initiated in mid-December following the announcement by Bi-Lo, Mauldin, S.C., that it had signed a defi

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